Higher education holds itself out as a kind of universal church, outside of which there is no salvation.

It is sort of a bit of a caricature of capitalism, that it's always this zero-sum game where you have winners and losers. Silicon Valley, the technology industry at its best, creates a situation where everybody can be a winner.

Every tech story is different. Every moment in history happens only once. All successful companies are successful in their own unique way. It's your task to figure out what that future history will be.

There are still many large white spaces on the map of human knowledge. You can go discover them. So do it. Get out there and fill in the blank spaces. Every single moment is a possibility to go to these new places and explore them.

Luck is like an atheistic word for God.

Brilliant thinking is rare, but courage is in even shorter supply than genius.

I do tend to think that things that have incredibly long time horizons often do involve market failures.